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2013 and earlier-Acura TL Lease Questions

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  • Since I see no PM available, may I ask your dealer? I'm in NY.
    Thanks
  • larrys8larrys8 Posts: 31
    Piazza Acura in West Chester PA.
  • Can't be Piazza, they gave me one of the highest prices around.
  • larrys8larrys8 Posts: 31
    They are the dealer. Have only talked to them via phone and email. I said 5K at signing, believing that is the "equity" I have in my trade in. Although I have confirmed with them there would be no additional expenses. Of course if I don't have 5K in my trade, then I know the payments would be a little higher.

    I am not sure how soon I will buy since they don't have the color combo I am looking for and I just had a bunch of routine service done on my car and spent about $300 on it. They seem as though they want to move some cars, so who knows maybe they would somehow "give me the $300" I just spent.
  • I was asking "megannj83", who seems to have disappeared. I have a price of $33.5K, but, haven't yet received a lease offer.
  • nircdoc1nircdoc1 Posts: 5
    Hey Car_Man!

    I am looking to lease a TL base for 36 months and 10k do you have the March residual and MF for the sign and drive? I am in Maryland which I think the special MF applies.

    Thanks a million for your help!

    ND
  • Looking for MF, RV, etc in NY on SH-AWD w/Tech. I have an offer about $6300 under MSRP but, have another $6500 under on the non-AWD.
    Not sure if the AWD is more in demand hence the difference in discounted price
  • Kirstie_HKirstie_H Posts: 10,897
    Recently lease a car? A reporter wants to hear about the deal you struck. Please email pr@edmunds.com by Wed, Mar 24, 2010 with a few words about your negotiation and/or incentive deal.
    Thanks,
    Jeannine Fallon
    Corporate Communications
    Edmunds.com

    MODERATOR
    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • srqbuyersrqbuyer Posts: 1
    At lease end with '07 TL base, so have $1,500 loyalty letter.

    Have offer for 2010 TL with Tech and 18" tires for $500 down, 36 months, 12,000 miles per year, at $489 month.

    Buyout for the dealer on the 07 TL is $21.400. I read there is a $2,250 incentive out there. Is there room in this deal to bring the upfront to zero or the monthly down for the dealer?
  • Car_man or anyone,

    Any idea what the dealer incentives are for new leftover 2009 TL's and if financing is 1.9 & 2.9 like the 2010's?
  • manu99manu99 Posts: 18
    Hey

    I got a tl tech package last month from weir canyon acura in anaheim

    msrp $39645.00
    neg price $32829.00 (That includes the $2000 rebate)
    down $1056.00
    36 month lease
    12k miles/year
    $465.00/ month incl tax

    money factor .00204
    residual 57%
  • Hi Car_man,

    Do you have incentive info on leftover 2009 TL's?

    Thanks,

    S4S
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello harpingaway. Here you go. Acura Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 TL Tech with 12,000 miles per year in Washington state are .00205 and 57%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome, feisar.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello megannj83. The dealer invoice price of a plain 2010 TL Tech 2WD is $36,904. If we subtract the $2,250 dealer cash that is available on this model from that, the price drops to around $34,650. The price that you were quoted is even lower than that, so this deal looks very attractive to me.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi benjojo. Acura Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2010 TL AH-AWD Tech with 15,000 miles per year are .00177 and 60%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    The numbers for an otherwise identical 36 month lease of this car are .00177 and 53%.

    If you were to lease with only 12,000 miles per year, this car's 24 month residual value would be 1% higher and its 36 month residual value would be 2% higher. With 10,000 miles per year, the residuals would be 2% and 3% higher.

    Your end of term purchase option price will not change nor will you have to pay an excess mileage penalty if you excess your mileage allowance. I haven't checked to see what Acura Finance's excess mileage charge is, but I don't believe that it is negotiable.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey nircdoc1. Acura Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2010 TL with 10,000 miles per year in Maryland are .00205 and 61%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Wow, stage4survivor, $6,300 to $6,500 off are huge discounts on the TL. Here's the lease program info that you're looking for.

    Acura Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 TL SH-AWD Tech with 15,000 miles per year in New York are .00177 and 53%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi stage4survivor. I don't believe that the special financing offer is available on leftover 2009 TLs. Acura paid out dealers for any '09 TLs that they had left in inventory with the following allowances, $1,500 on the base model, $2,500 on the Tech, $1,000 on the non-Tech AWD, and $2,000 on the Tech AWD.

    Car_man
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  • Car_man,

    Thanks for the info. Those seem to be the same incentives for 2010 models so it makes no sense to buy a 2009 if the incentives are exactly the same.
    Don't manufacturers usually significantly increase incentives on prior year models to move them out?
    Model year depreciation must be at least $5K even if new and untitled.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited March 2010
    You're welcome S4S. You're right, at this point it doesn't really make any sense to pick up a leftover 2009 TL right now. The cash allowances that I mentioned are final payments that Acura provided dealers with on in December. At that time Acura was not providing any dealer cash on 2010 models so there was a difference. Now that Acura has cranked up its support on '10 models, dealers that still have any '09s left are going to have a tough time unloading them.

    Car_man
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  • kbt2kbt2 Posts: 1
    Have lease offer on 2010 Acura TLAWD6MT for:
    MSRP 43195
    39449 sale price
    TTL - $310.88
    15K miles/yr
    36 month lease
    0 down
    no trade
    $626/month
    located in Michigan
    Is this price decent? Are there dealer incentives?
  • Fountain Acura in S. Orlando offered $9k down, $457 per month on a TL SH-AWD 15,000 miles per year, 36 month lease. This seems ridiculous, even to buy it outright?
  • larrys8larrys8 Posts: 31
    Yes, that is crazy, I am getting same offer/same car. 5K down and 450 a month. That is with only a quick test drive and a few emails exchanged. I am confident I can get it for less. My biggest problem now is TL or G37
  • Car_man or anyone,

    How soon will April incentives, rates, etc be known and available here? Historically, do these incentives usually increase, decrease or remain the same? Given the fact there are still new '09s available either Acura doesn't care or they need to ramp up these incentives.
  • benjojobenjojo Posts: 2
    Hi Car man or others that may know this --

    I see from the Edmunds site & others that the dealer cash promo has been extended to 5/3.

    Does anyone know whether the stair step program ($250 - $750 per TL, TSX) is carrying over too? Any addt'l incentives?

    Also -- what factors determine the actual stair step amount (whether it's 250, 300, 50, 750, etc)?

    Thanks
  • jac1304jac1304 Posts: 33
    Carman,

    I am interested in what carried over from March, with incentives for TL AWD/Tech purchase.

    Thank you.
  • pez1847pez1847 Posts: 1
    I leased a 2010 TL base in Columbus, OH on March 26. I paid $906 up front (included first payment, tax, title, fee), and my monthly payment is $368 for three years and 10K miles per year. Just wanted to share in order to help others see what is possible.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited April 2010
    Hey stage4survivor. Acura's April programs are now available. They are exactly the same as its March programs were and they're scheduled to run through May 3rd.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi benjojo. You're right, the dealer cash was extended. Unfortunately, the dealer stairstep program was not.

    Car_man
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This discussion has been closed.